EFCC discovers another N250m inside Lagos market

EFCC discovers another N250m inside Lagos market

Just days after raw cash was discovered inside a plaza in Lagos, the Economic and Financial Crimes Commission has again discovered N250 million inside the popular Balogun Market in Lagos state.

EFCC discovers another N250m inside Lagos market

The N250 million was discovered inside the popular Balogun market

Again, like it happened in the recent recovery, the owner of the N250 million discovered on Monday, April 10, 2017 was not revealed, but it was learnt that it belonged to a top Nigerian from the north.

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The anti-graft agency said in a statement through its spokesperson, Wilson Uwujaren, that the discovery followed a tipoff by a whistle-blower.

The statement obtained by NAIJ.com said the information forced operatives to swoop on the market.

According to the statement, the money was to be changed into foreign currencies in the market in Lagos.

The statement gave the breakdown of the money was given to include: €547,730, £21,090 and N5,648,500 .

“The intercept followed information that about N250 million cash was being moved somewhere in the market for conversion into foreign currencies by unnamed persons.

“Operatives responded timely, met the money in Bureau de Change office, but a large chunk of it had been converted into Euro and Pounds sterling.

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“The BDC operators found in possession of the monies claimed they were acting on behalf of their boss who sent the money to them from one of the Northern states in Nigeria.

“Two persons apprehended in the course of the raid are helping the commission in its investigation,” the statement said.

Watch the arraignment of Andrew Yakubu, a former group managing director of the Nigerian National Petroleum Corporation (NNPC):

Source: Naij.com

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